theunitedstatesneedsto do is take the kind of leadership that will organize the international community to address these crises, and it does not appear that is happening in the way that is productive and it's the result that we want. which is basically not to have the interest at the military level. at least two other feelings, the power vacuum, and ultimately, those who fall into the power vacuum are radical islamists. >> while americans still have widespread support from libya, shown by pro-western demonstrations, they need the help of the libyan government to track down the ambassador's killers. >> with america and now, based on the old strategy or tactics, and that means all the work done by president obama's administration has just disappeared. it is like a waste of time. i believe america successfully manage to pull itself out of the so-called war on terror, which is very important for the future between us and america and the arab world. >> it is also the new arab leaders. they met in europe this week to seek financial assistance. >> we stand against anybody who harbors these fau

be about a year and thattheunitedstatesandisrael and the world community would know if and when iran makes that turn. another thing they agree on, it can't be just a policy of containing iran, allowing them to go nuclear, but keeping them contained much like the old cold war as the west did with the soviet union. but prime minister netanyahu wants a more forthright stance publicly from the united states in terms of that red line. setting forth, delineating a clear deadline, clear red line of how far iran can or cannot go in developing those nuclear weapons. here's a little bit more of what he told david gregory. >> is israel closer to taking action into its own hands? >> we always reserve the right to act. but i think that if we are able to coordinate together a common position, we increase the chances that neither one of us will have to act. >> he wants more coordination with the united states in taking a stronger stand against iran. meanwhile ambassador rice says iran is growing more isolated under the policies that are now in place absent any military action. >> iran is more isola

agency issued a warning totheunitedstates. moody'ssays if congressional negotiations fail to stabilize america's budget, moody's will lower the debt rating. mark zuckerberg maez made his first appearance at a technology conference. he said facebook was focusing on mobile. the stock price was disappointing, he said. facebook has half of the ipo price. >>> apple introduced iphone 5. it is faster, lighter, thinner and has a small ir dock connector called the lightning rod which is not compatible with earlier phones. apple stocks hit highs after the announcement. >>> a major move by the fed but what does it mean for your money? who better to answer these questions than pimco officer bill gross. he runs the total return fund. thank you for your time. >> thank you, marie. >> so much to talk about. let me begin with the fed action. $40,000 billion of securities a month to help boost the economy. could the fed have done more? was this throwing everything at the economy in your view? >> i think this is the most significant step since paul promised to break the back of inflation wit

. this is spread throughouttheunitedstatesfromplaces like los angeles to providence, rhode island. it's a culture of corruption it seems that even the executive leadership, they knew about this sh didn't report it and kept the people on the boy scouts from tell the parents about it. >> so, that's revealed in the documentation? how was that discovered or alleged that officials knew about it then failed to report it? >> some of these documents the "l.a. times" got their hands on, we asked the boy scouts of america how they got them. they didn't want to talk about that. these are people blacklisted from volunteering with the boy scouts and in the correspondence back and forth between the leadership and people that were allegedly abusing these children, it showed they knew about these cases, covered them up and went so far as to hide the cases from the parents and law enforcement. they didn't report these cases. 80% were not reported to law enforcement. >> so, a cover up also leads one to think that potentially, those who are accused of participating in this kind of behavior, they have al

and comedy. it's because the rest of the world looks even worse.theunitedstatesisthe world's tallest midget when it comes to borrowing money. if this could go on for ever, it would be fantastic. it is not going to go on forever. i have no clue when it's going to in but it's not going to go on forever. as interest rates return to normal, the share of the federal budget that goes to interest is going to rise. and that will crowd that spending on other things. it means they will pay taxes and will borrow money and some of the money would borrow will go to pay interest on the money we borrowed flashy. some of taxes we pay will go to pay interest to our creditors. and those creditors are increasingly overseas. in 1990, 19% of the federal debt was held by foreigners, 19%. last year it was 46%. so that means that we'll be working harder, and if our economy grows we will have more tax revenue, publisher of our paychecks will go to pay interest on our debt, mainly to the chinese which is really weird and you think about pictures a country where the standard of living is far below ours, yet so